NJ > Newark City
Newark City, NJ 07103,504 Springfield Ave
Newark City, NJ 07103,504 Springfield Ave
Newark City, NJ 07103,504 Springfield Ave
Newark City, NJ 07103,504 Springfield Ave
Newark City, NJ 07103,504 Springfield Ave
Newark City, NJ 07103,504 Springfield Ave
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Leda Duif

Leda Duif

+1(917) 402-1152
$ 649,999
Est. payment | /mo

2,613 Sqft Lot

Save
$ 649,999
Est. payment | /mo
Save

2,613 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4000508

Year Built 1947

Annual Tax Amount $10,713

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

Mixed-Use Building: ?Taxes 10,713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy?, making it an excellent opportunity for a variety of potential businesses. The ?2?nd and 3rd floors each include large, residential apartments ?with 4 bedrooms ?& 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, ?& both front and rear stair access. Separate utilities?, Unfinished basement offering storage?. Building upgrades completed in 2006, including updated electrical systems and central air. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income. ?Store Rent Potential $2,500 - $3,000 - Apartments Income with Section 8 - 4 Bedroom Income is $3,371. 3 Bedroom, $2,964 (Potential Annual Income $100,000 -$110,000(+/-) - Total 4,700 sq ft (+/-) Basement is 1,229 sq ft Retail Floor is 1,099 Sq ft - 2nd Floor Unit is 1,184sqft, 3rd Floor Unit is 1,184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.

Location

State NJ

County Essex

Zoning Mixed Use

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air

Flooring Vinyl-Linoleum

Equipment See Remarks, Sign - Roof, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by RE/MAX LIFETIME REALTORS
Leda Duif

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 402-1152

ledad@corcoranss.com

220 9th Street, Suite 381, Jersey City, NJ, 07302, USA

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504 Springfield Ave